The five men who were found in possession of 98kgs of gold and US $4 million dollars cash after a police raid at a house in Borrowdale, Harare are reported to have been released from police custody. The police are also reported to have returned all the gold and cash to the five individuals. This follows reports that the five are actually government agents who buy gold for Fidelity Printers and Refiners (FPR) and had been setup up by rival buyers of gold.
A source who spoke to The Financial Gazette said,
You would be aware that the group, linked to Suzan General Trading (Suzan) and by extension Kamlesh Pattni, has been released because they were government agents and partners. And in fact, their cash and gold was (sic) also returned…had fallen foul of a dirty campaign and set-up by rival bullion buyers.
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FPR general manager Fradreck Kunaka told The Financial Gazette
The entity used to buy gold and deliver… around five kilogrammes per month prior to the expiry of the licence.
More: Financial Gazette